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Hi, i attached 3 questions of accounting 306. if any one can answers these questions i will really appreciate. thanks, Assignment For Acct 306 Q:1

Hi, i attached 3 questions of accounting 306. if any one can answers these questions i will really appreciate.

thanks,

image text in transcribed Assignment For Acct 306 Q:1 Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below: Sales $17,900,000 Net operating income $ 6,400,000 Average operating assets $36,500,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3 Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) Q# 2: Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative $ 12 $6 $3 $3 $ 276,000 $ 186,000 During the year, the company produced 23,000 units and sold 19,000 units. The selling price of the company's product is $50 per unit. Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. Assignment For Acct 306 b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. rev: 07_02_2014_QC_51051 Q# 3: Wendell's Donut Shoppe is investigating the purchase of a new $50,100 donut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $5,900 per year. In addition, the new machine would allow the company to produce one new style of donut, resulting in the sale of 2,600 dozen more donuts each year. The company realizes a contribution margin of $1.60 per dozen donuts sold. The new machine would have a six-year useful life. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: 1. What would be the total annual cash inflows associated with the new machine for capital budgeting purposes? 2. Find the internal rate of return promised by the new machine to the nearest whole percent. 3. In addition to the data given previously, assume that the machine will have a $19,000 salvage value at the end of six years. Under these conditions, compute the internal rate of return to the nearest whole percent. (Round your final answer to nearest whole percentage.) rev: 10_17_2014_QC_55964, 10_28_2014_QC_55964, 11_18_2014_QC_59195 Garrison 15e

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